I love how they’re using language like “small business” because they know how little sympathy AI powered dog washing apps will get among the rest of the country

I love how they’re using language like “small business” because they know how little sympathy AI powered dog washing apps will get among the rest of the country. Sorry, a small business is a machine shop or hair studio. They don’t bank with SVB. These are startups that get millions in funding for often very dubious purposes. There are a few gems among them - but let them stand on their own. Or course, the real culprit is years of low rates and QE that has justified all of this. Time to stop.